85012 Home Values & Market Trends

There are 148 homes currently listed for 85012. 85012 real estate market trends show that home prices range from $120,000 to $4,700,000, and the median sales price in the 85012 zip code is $647,883. The total number of properties sold within the past twelve months is 140. In 85012, 5 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.

85012 Real Estate Market Overview

CityMedian Est. Value
Phoenix

$ 422,700

$ 270/sqft

Housing Market Summary for 85012

Oct 2025October 2026Change
Median Listing Price$537.5K$547K1.78%
Median Sold Price$763.4K$775K1.52%
Homes For Sale11014834.55%
Homes Sold5958-1.69%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 85012

The median list price of a home in Phoenix, is $647,883. A total of 148 properties are for sale, and the percentage of properties for sale in the zip code is 148.00%. The total count of 85012 properties is 212.

Foreclosure
There is 1 cities within 85012; within this cities, the median estimated home value for homes in foreclosure ranges from $2,550,000 in phoenix to the lowest value of $94,199 in phoenix. Foreclosure homes account for 2.00% of properties in 85012 with phoenix containing 990 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 85012 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85012; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 85012 ranges from the highest value of $2,550,000 in phoenix to the lowest value of $109,139 in phoenix. Bank owned homes and properties account for 0.47% of properties in 85012. There is 1 cities within 85012; phoenix containing 326 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    phoenix has 664 auction properties, the highest number of properties going to auction in a single city in the state of 85012. Auction homes and other auction properties account for 1.89% of all properties in 85012. There is 1 cities within 85012; of that cities, the median estimated home value for homes going to auction ranges from $2,109,495 in phoenix to the lowest value of $94,199 in phoenix.
Homes for Sale
Homes and properties that are actively listed for sale account for 69.81% of residential properties in 85012 with phoenix containing 23404 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85012; homes for sale in that cities, have a range of median values from $12,750,000 in phoenix to the lowest value of $46,445 in phoenix.
    Sold Homes
    The median value for recently sold homes ranges from $18,269,915 in phoenix to the lowest price of $50,000 in phoenix. There is 1 cities within 85012. phoenix has 6612 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.47% of properties in 85012.

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      Guide for 85012

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.